Are you looking to invest in a heat pump? You are not alone -- many
entrepreneurs are making the switch.
Heat pumps have been repeatedly identified as a key, cost-effective solution
for tackling the carbon emissions associated with keeping buildings warm at
international, regional and national levels. The costs of manufacturing the
pumps have also declined significantly over the last decade, which bolsters the
case for heat pumps.
The global heat pump market size is expected to expand at a compounded annual
growth rate (CAGR) of 8.1% from 2022 to 2030. The industry growth is expected to
be driven by increased demand for energy-efficient and cost-effective space
heating and cooling applications in residential and commercial housing in the
If you want to invest in the products, you can consider the following factors
before purchasing the right for your customers or your own commercial
Types of heat pump
Air-source, water-source, and ground-source are a few main types of heat
pumps. Air Source technology is expected to dominate the market in the U.S. over
the forecast period due to that air source is the quickest and easiest to
install and it looks like a normal air conditioning unit. You can use these
units to generate hot water or hot air, some units can also incorporate a
reversing valve to operate in cooling mode also. The main heat pump products
from Smad are air-sourced, if you need to know the installation procedures or
other requirements, you are welcome to leave your questions.
Ground source is the second most popular option, it's more commonly used for
hot water production but you can also get units and systems that can reverse to
provide cooling. It uses thermal energy embedded within the ground that comes
from the sun. This option requires extensive excavation however and is typically
costlier to install, so it's best suited to new builds as it can be incorporated
within the construction to reduce costs.
Water-source heat pumps draw heat from a pond, lake, or water deposit, Each
type has its advantages and disadvantages.
The compressor is the core component of a heat pump. It is the primary factor
that determines whether the heat pump is good or bad. What counts is not merely
the energy efficiency of the compressor but also the limits placed on
applications by the evaporating and condensing temperatures, highly durable
mechanical parts and quiet operation. Moves the refrigerant through the system.
Smad heat pumps contain a scroll compressor. When compared to a piston
compressor, scroll compressors are quieter, have a longer lifespan, and provide
10° to 15°F warmer air when in the heating mode. A good heat pump compressor
will offer an outstanding seasonal performance factor that is kind to both
natural resources and the operator's wallet. It will also be as flexible as
possible as regards evaporation and condensing temperatures and will emit no
obtrusive noise. With good compressors, there will be no stopping the triumphal
progress of the heat pump.
Looking at a heat pump's ratings can help, but don't focus exclusively on
that. Almost any heat pump offers such major advantages over traditional
equipment that it's usually not necessary to seek out the absolute highest
metrics within the heat pump category. There are many standards used across the
world for assessing the efficiency of heat pumps. I'm going to take one of the
most common ones as an example, focusing on units made in the US and EU.
COP: COP values or the coefficient of performance is used worldwide for both
heating and cooling, it's simply the heating or cooling output divided by the
electricity input. It's not a good indicator of efficiency however because it
only gives a snapshot of how a unit should perform under very precise
conditions. For example, a unit has a heating COP of 2.9 and that is achieved
when the outside air is -3°C DB/-4°C WB (26.6°F DB/24.8°F WB) while providing
35°C (95°F) water for 8.3 kW of heating and consuming 2.86 kW of electricity. As
the outside air temperature varies hourly and daily, this isn't a good
indication of efficiency. We reviewed the manufacturer literature of many air
source units and found them to vary between 2.75 and 6.13.
A refrigerant, also known as a cooling agent, is a thermodynamic medium
involved in the process of heat exchange in a piece of cooling equipment or heat
While there are currently heat pumps operating with various working media in
the market, several of these may be considered the most popular.
By refrigerant type, the heat pump market is segmented into R410A, R290, R32,
and others. The R410A and R290 segment holds the largest share in the market.
The refrigerant can boost the system's efficiency rating. The minimum effect on
the ozone layer is expected to drive the R410A and R290 refrigerant segment of
the heat pump market during the forecast period.
Those were some of the essential factors that you need to consider when
looking for heat pumps. If you are interested in heat pump products, please feel
free to let us know.